Kanzhun Ltd. · NASDAQ:BZ
Kanzhun — Q3 2024 Earnings Presentation
17 slides from Kanzhun's earnings presentation, Dec 11, 2024
Slide 1: KANZHUN LIMITED 3Q 2024 Results Presentation
KANZHUN LIMITED 3Q 2024 Results Presentation
Slide 2: Disclaimer
Disclaimer The following document has been prepared by KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) solely for informational purposes and should not be construed to be, directly or indirectly, in whole or in part, an offer to buy or sell and/or an invitation and/or a recommendation and/or a soli
Slide 3: Company Overview
Company Overview
Slide 4: We are the Largest Online Recruitment Platform in China
We are the Largest Online Recruitment Platform1 in China Strong growth momentum, far outpacing the industry Our Fast Growing MAU2 58.0MM MM Avg MAU in 2024Q3 30.0% YoY Growth MAU RMB 1.91BN Revenues in 2024Q3 6.0MM Paid Enterprise Customers3 RMB 738.9MM Adjusted Net Income4 in 2024Q3 3.5% 38.7% YoY
Slide 5: A New Way of Hiring – the Next Gen Online Recruitment Platform
A New Way of Hiring – the Next Gen Online Recruitment Platform… We introduce a disruptive mobile-native direct recruitment model with better convenience, accuracy, efficiency and transparency Mobile-native Recommendation Feeds + Direct Chat = BOSS Zhipin Information Communication A disruptive model
Slide 6: Result in Reaching Full-spectrum of Job-seekers and Employers
… Result in Reaching Full-spectrum of Job-seekers and Employers We capture incremental market opportunities and serve more users in the online recruitment industry Expanded user reach Accurate job and candidate Massive scale Fairer traffic distribution capturing underserved recommendation ma
Slide 7: Our Innovative Technology Reinforces Strong Network Effects
Our Innovative Technology Reinforces Strong Network Effects Double-sided user ecosystem, accumulated data and advanced technology enhance our competitive advantage More Opportunities More Interaction More Superior More Job Innovative More Data Employers Services Seekers Technology Insights More Choi
Slide 8: Financial Highlights
Financial Highlights
Slide 9: Our Solid Revenue Growth
Our Solid Revenue Growth Driven by continued user growth, improved paying ratio and stable ARPPU1 Revenues Long-term Growth Drivers RMB MM 5,532.1 Robust enterprise user growth supported by our strong network effect and full spectrum of user coverage 26.5%2 4,371.8 Improved paying ratio back by our
Slide 10: with Enhanced Operating Efficiency
… with Enhanced Operating Efficiency… Improving operating efficiency testifies the effectiveness of our business model Adjusted Operating Cost and Expenses1 RMB MM Adjusted 84.1% 84.1% 82.8% 83.9% gross margin1 892.7 16.1% 750.0 17.2% 1,437.2 26.0% 1,365.2 31.2% 303.2 15.9% 1,060.1 19.2% 255.5 15.9%
Slide 11: Lead to Improving Profitability Capability
… Lead to Improving Profitability Capability Proven and continuously improved profitability Adjusted Income From Operations1 Adjusted Net Income1 RMB MM RMB MM Adjusted Adjusted operating 34.2% 31.7% 25.6% 30.0% net 44.4% 38.7% 34.9% 35.9% margin1 margin1 1,988.3 30.2%2 1,657.9 1,527.5 48.3%2 1,118.
Slide 12: Our Robust Operating Cash Flow and Strong Cash Position
Our Robust Operating Cash Flow and Strong Cash Position Strong cash generation capability and ample cash on hand Operating Cash Flow RMB MM RMB 14.60BN Cash Position2 as of September 30, 2024 2,586.4 22.0%1 Cash Position & Cash Management RMB 1.75BN 2,120.2 Free Cash Flow3 for the nine months ended
Slide 13: Appendix
Appendix
Slide 14: Unaudited Selected Income Statement Data
Unaudited Selected Income Statement Data For the three months ended September 30, For the nine months ended September 30, 2023 2024 2023 2024 (All amounts in thousands, except for percentages) RMB RMB RMB RMB Revenues 1,606,636 1,911,575 4,371,797 5,532,071 Operating cost and expenses Cost of revenu
Slide 15: Unaudited Selected Cash Flow Data
Unaudited Selected Cash Flow Data For the three months ended September 30, For the nine months ended September 30, 2023 2024 2023 2024 (All amounts in thousands) RMB RMB RMB RMB Net cash provided by operating activities 812,554 812,290 2,120,172 2,586,387 Net cash used in investing activities (1,058
Slide 16: Unaudited Selected Balance Sheet Data
Unaudited Selected Balance Sheet Data As of December 31, 2023 September 30, 2024 (All amounts in thousands) RMB RMB ASSETS Current assets Cash and cash equivalents 2,472,959 2,816,158 Short-term time deposits 6,922,803 5,757,701 Short-term investments 3,513,885 6,025,604 Other current assets 463,390
Slide 17: THANK YOU!
THANK YOU! Contact Us: ir@kanzhun.com https://ir.zhipin.com BOSS直聘 1616